Coeur Mining Inc. today reported full-year 2017 net income of $10.9 million, or $0.06 per share, and cash flow from operating activities of $197.2 million, an increase of over 100% compared to 2016. Adjusted EBITDA1 rose 4% year-over-year to $203.3 million, and free cash flow1 increased $85.5 million to $60.4 million. In the fourth quarter, the Company generated net income of $14.3 million, or $0.08 per share, and cash [...]
Coeur Mining Inc. today reported year-end 2017 contained reserves and resources from continuing operations1, which reflect significant increases compared to 2016 and demonstrate the success of the Company’s expanded near-mine exploration program. Proven and probable reserves of 335.8 million silver equivalent ounces 2 are 10% higher, driven primarily by year-over-year silver equivalent2 reserve increases of 36% at [...]
Coeur Mining Inc. today announced the appointment of Eduardo Luna and Jessica L. McDonald to the Company’s Board of Directors effective February 9, 2018. The addition of Mr. Luna and Ms. McDonald will increase the size of Coeur’s Board of Directors to ten members. Mr. Luna has spent over forty years in the precious metals mining industry and has held prior senior executive and board positions at several [...]
Coeur Mining Inc.’s President and Chief Executive Officer, Mitchell J. Krebs, will participate in the Cormark Securities Inc. Growth in the Americas Gold Conference in Toronto, Canada on January 30, 2018. The Cormark Securities Inc. Growth in the Americas Gold Conference is an invitation-only investment conference. Presentation materials will be made available on the Company’s website at www.coeur.com. About [...]
Coeur Mining Inc.’s Senior Vice President and Chief Financial Officer, Peter C. Mitchell, will participate in the Raymond James New York Precious Metals Forum in New York, New York on January 11, 2018. The Raymond James New York Precious Metals Forum is an invitation-only investment conference. Presentation materials will be made available on the Company’s website at www.coeur.com. About Coeur [...]
Coeur Mining Inc. today announced record fourth quarter silver equivalent1 production of 11.7 million ounces, consisting of 4.5 million ounces of silver and 119,114 ounces of gold. Silver equivalent1 production increased 23% quarter-over-quarter and 17% year-over-year. Silver production increased 15% quarter-over-quarter and 17% year-over-year, while gold production increased 28% and 16%. This press release features [...]
Coeur Mining Inc. is pleased to announce that it and certain of its subsidiaries have entered into a definitive agreement to sell all of the outstanding capital stock of its wholly-owned subsidiary, Empresa Minera Manquiri, S.A. , which is the owner and operator of the San Bartolomé Mine and processing facility located near Potosí, Bolivia . The Agreement provides that Manquiri will be sold to Argentum [...]
Coeur Mining Inc. provided an update on encouraging results from its expanded Palmarejo and Kensington exploration programs. The primary objectives of these recently accelerated programs are to discover and delineate additional adjacent, high-grade resources near current operations and upgrade higher-grade resources to reserves to extend mine life. Drilling at these two properties comprised approximately two-thirds of the [...]
Coeur Mining’s President and Chief Executive Officer, Mitchell J. Krebs, will present at Bank of America Merrill Lynch’s 2017 Leveraged Finance Conference in Boca Raton, Florida on Thursday, November 30, 2017 at 10:50 a.m. Eastern Time. The following week, Mr. Krebs will participate in a panel discussion at the Scotiabank Mining Conference 2017 in Toronto, Canada, on Wednesday, December 6, 2017 at 8:30 a.m [...]
Coeur Mining Inc.’s (“Coeur” or the “Company”) (NYSE: CDE) Senior Vice President and Chief Financial Officer, Peter C. Mitchell, will present at Baird’s 2017 Global Industrial Conference in Chicago, Illinois on Tuesday, November 7, 2017 at 3:30 p.m. Central Time. Baird’s Global Industrial Conference is an invitation-only investment conference. The presentation will be made [...]
Coeur Mining Inc. (“Coeur” or the "Company") (NYSE: CDE) today reported companywide all-in sustaining costs (AISC) per average spot silver equivalent1 ounce (AgEqOz) of $15.18 for third quarter 2017, 4% lower quarter-over-quarter and driven by a 7% increase in silver equivalent1 production. These improvements over the prior quarter were primarily due to 25% higher silver equivalent1 production and a 14 [...]
Coeur Mining Inc. (“Coeur” or the “Company”) (NYSE: CDE) today announced that it has closed the acquisition of privately-owned JDS Silver Holdings, Ltd. and its wholly-owned subsidiary JDS Silver Inc. (collectively, “JDS Silver”), which owns the high-grade Silvertip Mine (“Silvertip”) in northern British Columbia, by way of the previously announced arrangement (the [...]